Indications span wide range in two-tier Asian moly ox mkt

摘要

Spot prices of molybdenum oxide powder were discussed in a wide range of $11.30-11.50/lb in Asia Friday in a two-tier market lacking clear direction, sources said. One Chinese trader reported two sales to Europe at $11.40/lb and $11.50/lb in-warehouse Rotterdam, both for 20 mt, following deals reported Thursday at $11.45-11.50/lb CIF Busan.